Texas Rare Earth Resources Engages Representative to Explore Strategic Alternatives in Asia

SIERRA BLANCA, TX - Jan 24, 2013 - Texas Rare Earth Resources Corp. ("Texas Rare Earth"), a heavy rare earths exploration company, today announced that the Company has engaged a representative to assist in locating possible strategic alternatives for its Round Top project, to include its beryllium deposit, from entities in Asia. The hiring of the representative is in response to a preliminary indication of potential interest from a multi-billion dollar resource firm located in Asia.

Dan Gorski, Chief Executive Officer, stated, "Given the interest level in our unique Round Top project, the Board felt it necessary to engage a representative to further explore potential interest from Asia. Demand for heavy rare earth elements is expected to continue to outstrip supply in the years to come. Given that the vast majority of such elements are used in the Asian regions, it is logical that interest from the region could be quite robust."

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